Keyang Electric (Korea) Probability of Future Stock Price Finishing Over 3650.0
| 012205 Stock | 3,690 40.00 1.10% |
Keyang |
Keyang Electric Target Price Odds to finish over 3650.0
The tendency of Keyang Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 3,650 in 90 days |
| 3,690 | 90 days | 3,650 | about 64.29 |
Based on a normal probability distribution, the odds of Keyang Electric to stay above 3,650 in 90 days from now is about 64.29 (This Keyang Electric Machinery probability density function shows the probability of Keyang Stock to fall within a particular range of prices over 90 days) . Probability of Keyang Electric Machinery price to stay between 3,650 and its current price of 3690.0 at the end of the 90-day period is about 5.75 .
Assuming the 90 days trading horizon Keyang Electric has a beta of 0.22. This suggests as returns on the market go up, Keyang Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Keyang Electric Machinery will be expected to be much smaller as well. Additionally Keyang Electric Machinery has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Keyang Electric Price Density |
| Price |
Predictive Modules for Keyang Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Keyang Electric Machinery. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Keyang Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Keyang Electric is not an exception. The market had few large corrections towards the Keyang Electric's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Keyang Electric Machinery, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Keyang Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 265.65 | |
Ir | Information ratio | -0.15 |
Keyang Electric Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Keyang Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Keyang Electric Machinery can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Keyang Electric generated a negative expected return over the last 90 days | |
| The company reported the revenue of 392.29 B. Net Loss for the year was (6.21 B) with profit before overhead, payroll, taxes, and interest of 60.27 B. | |
| Keyang Electric generates negative cash flow from operations |
Keyang Electric Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Keyang Stock often depends not only on the future outlook of the current and potential Keyang Electric's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Keyang Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.6 M |
Keyang Electric Technical Analysis
Keyang Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Keyang Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Keyang Electric Machinery. In general, you should focus on analyzing Keyang Stock price patterns and their correlations with different microeconomic environments and drivers.
Keyang Electric Predictive Forecast Models
Keyang Electric's time-series forecasting models is one of many Keyang Electric's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Keyang Electric's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Keyang Electric Machinery
Checking the ongoing alerts about Keyang Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Keyang Electric Machinery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Keyang Electric generated a negative expected return over the last 90 days | |
| The company reported the revenue of 392.29 B. Net Loss for the year was (6.21 B) with profit before overhead, payroll, taxes, and interest of 60.27 B. | |
| Keyang Electric generates negative cash flow from operations |
Other Information on Investing in Keyang Stock
Keyang Electric financial ratios help investors to determine whether Keyang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Keyang with respect to the benefits of owning Keyang Electric security.